0001104659-12-014707 4 1 20120227 20120229 20120229 SASAKI GAIL M 0001422990 4 34 001-33170 12655070 C/O NETLIST, INC. 51 DISCOVERY, STE 150 IRVINE CA 92618 ITOW GAIL MISAKO 20080107 NETLIST INC 0001282631 3674 954812784 DE 1231 51 DISCOVERY, STE 150 IRVINE CA 92618 949-435-0025 51 DISCOVERY, STE 150 IRVINE CA 92618 4 1 a4.xml 4 X0304 4 2012-02-27 0 0001282631 NETLIST INC NLST 0001422990 SASAKI GAIL M 51 DISCOVERY, SUITE 150 IRVINE CA 92618 0 1 0 0 Vice President and CFO Employee Stock Option (Right to Buy) 3.59 2012-02-27 4 A 0 60000 0 A 2022-02-27 Common Stock 60000 60000 D Employee Stock Option (Right to Buy) 3.59 2012-02-27 4 A 0 15000 0 A 2022-02-27 Common Stock 15000 15000 D The option vests in sixteen (16) equal quarterly installments through February 27, 2016 /s/ Gail M. Sasaki 2012-02-29